NOT LISTED FOR SALE

1512 S Lake Park Blvd Unit 2 Carolina Beach, NC 28428

Estimated Value: $742,000 - $1,147,000

6 Beds
4 Baths
1,933 Sq Ft
2004 Built

Last Sold August 25, 2020

Last sale price $501,000 $259 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,839/month

246 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

If you are looking for a large condo with plenty of room for family and friends and beautiful ocean views of the pristine Atlantic Ocean- this is it ! With six bedrooms and four baths, this home offers plenty of room for privacy or for gatherings in the kitchen and living room. The home is very tastefully decorated and is being offered furnished, for a move in ready home. A five-star favorite, rental income has been over $30K since 2014. The present owner chooses to rent only during the Summer and for full weeks. Extending the rental season and adding weekends could dramatically increase revenues. Enjoy morning coffee on one of the ocean front decks while watching the sun rise over the ocean. A deeded beach access across the street assures easy and quick entry to the beach. Wash the sand off when returning from a fun day on the strand with an outside shower, complete with hot and cold water. An outside storage area will keep all the beach chairs and toys tucked away ready for your next day. With two bedrooms and a full bath downstairs as you enter the house, guests will feel comfortable and relaxed while visiting. The second level offers an open and inviting space for all to gather. The fully equipped kitchen with a large bar area is ready for family and friends to sit and enjoy. All newer appliances also convey. A large family room overlooks the deck with beach views on this level A bedroom, which is also used as a den for added privacy, and a full bath, complete this floor. The third floor master suite overlooks the ocean from its own private deck. Two more bedrooms and a jack and jill bath are also on the third level. This home is perfect either as a primary home or an investment, and since it is a turn key purchase, little needs to be done, except to bring your flip flops and bathing suit. ''Our Pelican View'' is close to shopping, dining, the Fort Fisher Aquarium, Fort Fisher Battlefield, and the Historic Carolina Beach boardwalk.

Last Agent to Sell the Property

Sherri Pridgen

Coldwell Banker Sea Coast Advantage-CB Listed on: 11/06/2019

Last Buyer's Agent

Irene Mistretta

Kai Realty & Design LLC License #268246

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 2004

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,933 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Home Security System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 1 Attached Carport Space
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09018-010-021-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,869

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Security System, Walk-In Closet, Walk-in Shower, Foyer, Furnished, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 271.60
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Number Rooms: 9
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Third
  • Bedroom 5 Level: Third
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Third
  • Primary Bedroom Level: Third
  • Other Level: First
  • Sq Ft Heated: 1933.00
  • Total Heated Primary Separate Sq Ft: 1933.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Fencing: Partial
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Open, Porch, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Assigned, Off Street, Shared, Paved, On Site, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Forced Air, Zoned, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 377.00
  • Lot Water Features: Second Row
  • Zoning: MX
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 30000.00

Tax Info

  • Tax Identifier: R09018-010-021-002
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 2869.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Aug 17, 2020
Sold by
Raynes Stephen W and Haynes Jane H
Bought by
Tran Denh and Tran Nan John
Seller's Agent
Sherri Pridgen
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Irene Mistretta
Kai Realty & Design LLC
List Price
$544,900
Sold Price
$501,000
Premium/Discount to List
-$43,900
-8.06%
Current Estimated Value
$857,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,072
Avg. Annual Appreciation
11.12%
Original Mortgage
$400,800
Outstanding Balance
$355,538
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$501,534

Purchase Details

Listed on
Aug 6, 2012
Closed on
Nov 1, 2012
Sold by
Rutland David Lee and Rutland Catherine D
Bought by
Haynes Stephen W and Haynes Jane H
Seller's Agent
Rhonda Munn
Coastwalk Real Estate, LLC
Buyer's Agent
Sherri Pridgen
Coastwalk Real Estate, LLC
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$299,250
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Homeboy Homes Llc
Bought by
Harrison Zahn Investments Llc

Purchase Details

Closed on
Aug 22, 2003
Sold by
Stevens Building Company
Bought by
Homeboy Homes Llc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tran Denh $501,000 None Available
Haynes Stephen W $398,000 None Available
Harrison Zahn Investments Llc $460,000 --
Homeboy Homes Llc $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Denh $400,800
Previous Owner Haynes Stephen W $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2020 08/25/20 Sold $501,000 -8.1% $259 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $544,900 +36.6% $282 / Sq Ft
11/05/2012 11/05/12 Sold $399,000 0.0% $174 / Sq Ft View Prior Sale
10/23/2012 10/23/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $399,000 -- $174 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,319 $484,500 $0 $484,500
2022 $3,246 $484,500 $0 $484,500
2021 $3,343 $484,500 $0 $484,500
2020 $2,810 $351,200 $0 $351,200
2019 $2,810 $367,800 $0 $367,800
2018 $2,869 $367,800 $0 $367,800
2017 $2,924 $367,800 $0 $367,800
2016 $2,419 $281,900 $0 $281,900
2015 $2,281 $281,900 $0 $281,900
2014 $2,224 $281,900 $0 $281,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100191970

Hive MLS

APN: R09018-010-021-002